Active

115 S Lincoln St

Marquette, KS 67464

$577,000 $2,432/Mo

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Overview

Bed

Bath

5,365

Sqft

0.46

Acre(Lot)

Description

Excellent investment opportunity! This 8-unit multifamily property offers immediate income with strong value-add potential. The property features eight one-bedroom, one-bath apartments currently renting for approximately $500–$550 per month and maintains solid occupancy. Each unit includes a refrigerator, range, private electrical meter, and its own exterior storage shed, providing convenience for both tenants and property management. Residents also enjoy access to common areas and shared laundry facilities. The property is currently undergoing minor renovations and updates, offering investors the opportunity to continue improving the asset while increasing long-term value. Whether you're expanding your portfolio or seeking a stable income-producing property with upside potential, this i s an excellent opportunity to invest in a well-maintained multifamily property with room for future growth.

Property Details

Property Type : Residential Income

Price : $577,000

AD Id : 88123432

MLS Id : 676043

Lot Size : 0.46 Acre

Living Area Size : 5,365

Year Built : 1987

County : McPherson

Map

What's Nearby

Nearby Areas

Features

Room Information

Basement: None
Flooring Information

Carpet, Other
Roofing Information

Composition
Interior Features

Roof: Composition Appliances: Range, Refrigerator
Heating & Cooling

Has Cooling: Yes Cooling: Multi Units

Building Information

Year Built: 1987 Construction Materials: Frame Private Pool: No

Lot Information

Main Square Feet: 0.46

Listing Price Information

Listing Price: $577000

Tax Information

Parcel Number: 059-056-23-0-40-28-003.00-0 Tax Year: 2025 Annual Tax: $3728.84

Parking Information

Parking Total: 8

School Information

Elementary School: Soderstrom

Junior High School: Smoky Valley

Senior High School: Smoky Valley
Utility Information

Sewer Available
Location Information

Direction: GPS WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
207 S Washington St, Marquette, KS, 67464	$670,000	--	--	9,782	9,782 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the South Central Kansas MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Central Kansas MLS. All Rights Reserved.

ByOwner last updated this listing 07/20/2026 @ 10:09

MLS: 676043 LISTED BY: Michael Piercy, Millwood Realty, Inc. 785-825-2177 SOURCE: South Central Kansas MLS